Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent hospital readmissions and ER visits. The iUGO Care platform integrates wearables, sensors, voice technology and mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. The iUGO Care platform provides services, such as remote patient monitoring, chronic care management, principal care management, behavioral health integration, telemedicine, transitional care management, wound care, and others.

TSXV:RHT.H - Post by User

Reliq Health Technologies Inc > 50k patients*60 monthly rate*12 months=36m USD*1.29=46m CAD

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Comment by Humaniston Sep 09, 2022 12:36pm

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Post# 34952455

RE:RE:RE:RE:50k patients60 monthly rate12 months=36m USD*1.29=46m CAD

i am starting to think this company cannot seem to get off the ground.. the promises have been coming fo sooooo loooong and often missed, it seems as if history repeating itslef.. ?

i don't know but starting to doubt a lot ..and we're heading into fall. and you know fall time mkt is very volatile andthe trend usually is lower.. so i hope we get some good news before end of the mth or october will kill us..

glta

teeswater wrote: All the darned Co. needs to do is put out a release explaining the onboarding to revenue collection lag period, which they should have figured out by now

mingzhu wrote: It entirely depends on how long revenue is delayed, 3 months ? 6 months? Take phone company for example, you sign up for a phone company (onboarding), after a month, it sends you a bill (receivables) in a couple of weeks. The fee will be reflected on company's revenue in one month and half. But for subcontractors (doctors and homecare agencies), it takes double time -3 months.This is well established company for well established business model. For a startup company for new business model, it likely takes double time for fee to be reflected on its account book. That is why i think is possible to take 3-6 months for RHT to have actural revenue from those contracts. If is 6 months, the incoming report was for period of Oct-Dec 2021 when Covid 19 was in full swing. You cannot expect an old person living in a countryside to get used to virtual service regularly very quickly after being onboarded. .

cpac wrote: I was using USD and was assuming $50/month/patient... but with your numbers, my comment is even more compelling... most stocks where a contract worth half your market cap was announced would have been up AT LEAST 30% that day. Market DOES NOT believe these contract announcements and that's the company's own fault... quarterly revenues should be WAAAAAAY higher than what we've seen just based on contracts announced in 2021... how many quarters does it take to onboard patients??? I've said it before, this is either a huge opportunity or its a scam.... currently market assumes its a scam...